Skip to content

uddate storage fees #778

New issue

Have a question about this project? Sign up for a free GitHub account to open an issue and contact its maintainers and the community.

By clicking “Sign up for GitHub”, you agree to our terms of service and privacy statement. We’ll occasionally send you account related emails.

Already on GitHub? Sign in to your account

Merged
merged 1 commit into from
May 14, 2024
Merged
Changes from all commits
Commits
File filter

Filter by extension

Filter by extension

Conversations
Failed to load comments.
Loading
Jump to
Jump to file
Failed to load files.
Loading
Diff view
Diff view
2 changes: 2 additions & 0 deletions docs/build/basics/fees.md
Original file line number Diff line number Diff line change
Expand Up @@ -73,6 +73,8 @@ Cost estimation is a two-step process. First, you need to gather the execution e

## Storage

Flow's approach to storage capacity is a bit similar to some banks' pricing models, where maintaining a minimum balance prevents monthly account fees. Here, the amount of data in your account determines your minimum balance. If you fall below the minimum balance, you cannot transact with your account, except for deposits or deleting data. The essence of storage fee model is that it ensures data availability without continuously charging fees for storage, while also preventing abuses that could burden the network's storage resources. This distinction between current state and blockchain history is crucial for understanding storage requirements and limitations.

Each Flow account has associated storage used. The account's storage used is the byte size of all the data stored in the account's storage. Accounts also have a storage capacity, which is directly tied to the amount of Flow tokens an account has. The account can, without any additional cost, use any amount of storage up to its storage capacity. 

<Callout type="warning">
Expand Down
Loading